A Quote by John Kenneth Galbraith
If anything is evident about people who manage money, it is that the task attracts a very low level of talent, one that is protected in its highly imperfect profession by the mystery that is thought to enfold the subject of economics in general and of money in particular.
Related Quotes
To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?
Money cannot be applied to the *general welfare*, otherwise than by an application of it to some *particular* measure conducive to the general welfare. Whenever, therefore, money has been raised by the general authority, and is to be applied to a particular measure, a question arises whether the particular measure be within the enumerated authorities vested in Congress. If it be, the money requisite for it may be applied to it; if it be not, no such application can be made.
If you've got the money, you need people to make money with your money. And if you have the talent, you can always merchandise your talent to someone who's got the money and make money. There's two pieces to it: talent and money.
I don't think money can be understood through a lens limited to economics. And most books about money tell you the history of money, the instrument. But money is also an idea, one that we exchange to survive.
If your income on films or whatever you're producing using film drops below a certain level, then you don't have enough money to stay in business. People like to say that this is all just about making money, but if you don't make money, you don't make anything.
One just spends as much money as one has. Very peculiar that! You never actually have any money. You think, If I had this much money ten years ago, I would have thought I was amazingly rich, but I still manage to spend it all and not have any left.
If you want a good life, don't succeed at anything too early or too well. And don't choose a profession that attracts money or attention. The minute people want to see you doing what you do, you're finished.
Money follows art. Money wants what it can't buy. Class and talent. And remember while there's a talent for making money, it takes real talent to know how to spend it.
Character is money; and according as the man earns or spends the money, money in turn becomes character. As money is the most evident power in the world's uses, so the use that he makes of money is often all that the world knows about a man.
When you speak to a man or a woman about money, they will use water visualizations. For men, it typically is a river. Money comes in; money goes out. The level rises; the level sinks. For women, when you talk about money, to her... it's a pond. It's a set amount. She husbands it, and it typically goes in one direction... which is down.
The single biggest difference between financial success and financial failure is how well you manage your money. It's simple: to master money, you must manage money.
Donald Trump talks about how he's not going to be controlled by the moneyed interests. Do people understand that he's not giving money to his campaign, he's loaning it because he expects to get money back from those same big donors he decries right now? He's planning on running a general election based upon raising money from those very people.
Money is very difficult to think about. So, we think about money as the opportunity cost of money. So, we at some point went to a Toyota dealership and we asked people, what will you not be able to do in the future if you bought this Toyota? Now, you would expect people to have an answer. But people were kind of shocked by the question. They never thought about it before. So, the most we got was people said, "Well, if I can't buy this Toyota, if I buy this Toyota, I can't buy a Honda." What is this thing? What is this value of price? Very hard to think about it.
Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.
We know India is very focussed on black money; it is a very high-focus subject and we have been very careful to make sure the investments into India are legitimate. There is no 'round-tripping' or hot money or bad money being funnelled through Singapore.
Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.
Related Authors
Adam Smith Quotes
Scottish
Economist
Alan Greenspan Quotes
American
Economist
Benjamin Graham Quotes
American
Economist
Friedrich August von Hayek Quotes
Austrian
Economist
John Maynard Keynes Quotes
English
Economist
Joseph Stiglitz Quotes
American
Economist
Ludwig von Mises Quotes
Austrian
Economist
Milton Friedman Quotes
American
Economist
Muhammad Yunus Quotes
Bangladeshi
Economist
Murray Rothbard Quotes
American
Economist
Paul Craig Roberts Quotes
American
Economist
Paul Krugman Quotes
American
Economist
Richard Thaler Quotes
American
Economist
Robert Reich Quotes
American
Economist
Thomas Sowell Quotes
American
Economist
Walter E. Williams Quotes
American
Economist